Turkey
Enpara
Enpara Bank A.Ş. after the 28 Aug 2025 QNB spin-off. BDDK bank. Not a brand of QNB anymore.
7.4Solid
activeFeaturedNeobank
- HQ
- Istanbul
- Fee
- Core current account is historically fee-light — confirm live tariff on enpara.com
Hayat Finans
Türkiye’s first digital bank on its own copy. BDDK participation bank. Hayat Holding.
Legal entity: Hayat Finans Katılım Bankası A.Ş.
Rate this app
7.1Solid
AlternativesFive questions
At a glance
Is it a bank?
Yes — Digital participation bank — Hayat Finans Katılım Bankası A.Ş. Operating licence 23 March 2023 (BDDK (Banking Regulation and Supervision Agency)). Still read the entity on the statement.
If it fails?
Hayat Finans Katılım Bankası A.Ş. is a BDDK-licensed participation bank. Eligible bank deposits in Türkiye sit with TMSF — confirm the live cap on tmsf.org.tr. This file does not invent a lira figure the homepage did not print. A participation bank is still a bank; an e-money wallet is not.
Salary?
A BDDK bank current account can take a Turkish salary. Confirm the IBAN Hayat issues.
Open from abroad?
Turkish chip identity card + NFC on their mobile page. Not a tourist open.
Monthly fee
Fee-free banking is a homepage pitch — read the live product and service fees
Account number
No IBAN-class local rail on this file.
NeoBankDBVerdict
Licence first · score second
7.1
/10 · Solid
Hayat Finans Katılım Bankası A.Ş. is a BDDK-licensed digital participation bank. Their own English news page: Hayat Holding established it with capital of TRY 1.5 billion; on 23 March it obtained its operating licence from the Banking Regulation and Supervision Agency and became Turkey’s first digital bank. Headquarters on the 2025 financials: Mahir İz Cad., No: 25, 34662 Altunizade, Üsküdar / İstanbul. NFC chip-ID onboarding is the published path. Enpara is now a separate BDDK bank after the 2025 QNB spin-off — different file. BankPozitif is a development bank, not this. Eligible deposits follow TMSF at a licensed bank; confirm the live cap. Keep a second account if you need a euro salary rail.
What it is
Hayat Holding put a participation bank on a phone. Directories will file it next to Papara. Papara is not a bank. This is.
Best for: Turkish residents who want a BDDK digital participation bank, not a wallet.
Last checked 2026-09-03. Not advice.
What it does well
- +Named BDDK operating licence (23 March 2023)
- +Operator calls it Turkey’s first digital bank
- +Hayat Holding + TRY 1.5bn capital on their news page
- +Participation / Shariah model is the charter class, not a sticker
What to watch
- −Turkish residency / chip ID
- −Young bank
- −TMSF cap must be read on TMSF, not this file
- −Not a multi-country IBAN mill
Legal entity, not the app icon
Who is behind it
- Legal name
- Hayat Finans Katılım Bankası A.Ş.
- Parent
- Hayat Holding A.Ş.
- Offices
- Mahir İz Cad. No: 25, 34662 Altunizade, Üsküdar / İstanbul
- If something goes wrong
- BDDK / TMSF path for a licensed bank — not in-app chat
The product, not the brand colour
The account
- Platforms
- iOS · Android · Internet banking
- Account types
- Personal · Business (participation banking)
- Partner bank
- Hayat Finans Katılım Bankası A.Ş.
- Minimum balance
- Confirm live
- Availability
- Türkiye
- Remote open
- Turkish chip identity card + NFC on their mobile page. Not a tourist open.
- Onboarding
- Hayat Finans Mobile: chip ID + NFC, then set a password — their English mobile page.
- KYC documents
- New-generation chip identity card and a phone that can read it.
- Minimum age
- Confirm live
- Salary / payroll
- A BDDK bank current account can take a Turkish salary. Confirm the IBAN Hayat issues.
- Local rails
- Turkish FAST / EFT-class rails on a bank account — confirm live
How money actually moves
- Who holds the cash
- Bank balance
- How money moves
- In-app ledger
- Built for
- Personal · Business · Halal
- Settlement
- App-ledger instant; bank rails per corridor
- Freeze risk
- Bank-grade; still not freeze-proof
- Card
- physical · virtual · Google Pay
Licence first
Safety
Hayat Finans Katılım Bankası A.Ş. is a BDDK-licensed participation bank. Eligible bank deposits in Türkiye sit with TMSF — confirm the live cap on tmsf.org.tr. This file does not invent a lira figure the homepage did not print. A participation bank is still a bank; an e-money wallet is not.
Holder / issuer: Hayat Finans Katılım Bankası A.Ş.
- BDDK (Banking Regulation and Supervision Agency)Digital participation bank — Hayat Finans Katılım Bankası A.Ş. Operating licence 23 March 2023 · Turkey · Karar 10543
Fees
- Monthly
- Fee-free banking is a homepage pitch — read the live product and service fees
- FX markup
- Hayat FX — bank FX, not Wise
- ATM
- ATM network on operator pages — confirm live
Features
- –IBAN
- ✓Fee-free core
- –Multi-currency
- –Apple Pay
- ✓Google Pay
- ✓Virtual card
- ✓Physical card
- –Metal card
- –Crypto
- –Stocks
- ✓Business
- –Kids
- ✓Halal
- BDDK digital participation bank
- Hayat Finans Mobile + internet banking
- NFC chip-ID onboarding on their English mobile page
- Current / savings / financing / FX
- Shariah / participation model
Before you tap Sign up
How to open
Step 1
Name the entity
Hayat Finans Katılım Bankası A.Ş. BDDK digital participation bank. Not Papara.
Step 2
Chip ID in the app
Their English mobile page: new-generation chip identity card + NFC. Then set a password.
Step 3
Read TMSF live
Eligible bank deposits. Cap is on tmsf.org.tr, not a roundup.
Operator documents
Their own papers
These are the operator’s documents. They outrank this review if they disagree.
Score
- Safety25%
- 8.0
- Fees20%
- 8.2
- Features15%
- 7.6
- App15%
- 7.8
- Global15%
- 2.8
- Support10%
- 7.0
Change log
Full logLicence
BDDK operating licence — Turkey’s first digital bank on their copy
Hayat Finans Katılım Bankası A.Ş. Hayat Holding. Capital TRY 1.5bn on the operator news page. Participation bank, not an e-money wallet.
Available in
Straight answers
FAQ
01Is Hayat Finans a bank?
Hayat Finans holds a banking-style licence (BDDK (Banking Regulation and Supervision Agency)). Still read the legal entity on the statement, not the app icon.
02How is money protected?
Hayat Finans Katılım Bankası A.Ş. is a BDDK-licensed participation bank. Eligible bank deposits in Türkiye sit with TMSF — confirm the live cap on tmsf.org.tr. This file does not invent a lira figure the homepage did not print. A participation bank is still a bank; an e-money wallet is not.
03Where is Hayat Finans available?
We list 1 market on NeoBankDB. Residency and onboarding rules still sit with Hayat Finans.
04Card and wallets?
physical · virtual · Google Pay
05Can I open Hayat Finans remotely?
Turkish chip identity card + NFC on their mobile page. Not a tourist open.
06What is the legal name behind Hayat Finans?
Hayat Finans Katılım Bankası A.Ş.. Read the entity on the statement, not the app icon.
07Can I receive salary on Hayat Finans?
A BDDK bank current account can take a Turkish salary. Confirm the IBAN Hayat issues.
08How do I complain about Hayat Finans?
NeoBankDB names this complaint route: BDDK / TMSF path for a licensed bank — not in-app chat. That is the ombudsman / regulator path, not in-app chat.
09What documents does Hayat Finans ask for?
New-generation chip identity card and a phone that can read it.
10Is Hayat Finans a bank?
Yes. Hayat Finans Katılım Bankası A.Ş. holds a BDDK operating licence dated 23 March 2023. It is a participation bank, not an e-money wallet.
Ratings and reviews
No published user reviews yet. The NeoBankDB score still comes from licence, fees, and the product — not from an empty star average.
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